Named to the Axial Advisor 100 (2026)
💡 Electrical M&A AdvisorySuccess Fee Only — No Retainer

Decades of Licensed Work and Client Trust. We Make Sure Buyers Understand What That Is Worth.

Sell your electrical business to top private equity, family office, and strategic buyers at premium valuations.

Electrical consolidation is accelerating. Infrastructure investment, data center buildout, and industrial reshoring have made licensed electrical contractors one of the most sought-after targets in the lower middle market. The founders who move with experienced representation capture the best outcomes.

100sActive Buyers in Network
$500M+Aggregate Transaction Value
$10B+Platform Valuations Created*
100%Founder-First Approach

We built our buyer relationships in HVAC and plumbing — the same institutional capital that built those platforms is now underwriting electrical on the same thesis.

The Electrical Market Right Now

Infrastructure Investment, Data Centers, and Industrial Reshoring Have Made Electrical the Fastest-Moving Trade in the Lower Middle Market.

The capital that spent the last decade consolidating HVAC and plumbing is now moving into electrical. The tailwinds are structural — the CHIPS Act, IRA energy infrastructure funding, data center expansion, and industrial reshoring are all creating sustained demand for licensed electrical contractors at a scale the market hasn’t seen before.

Private equity is moving fast. Firms that built their trade contractor thesis on HVAC are now writing LOIs on electrical businesses. They understand the model, they have the infrastructure to absorb acquisitions, and they are paying real multiples for the right businesses. This isn’t a future opportunity. It is happening now.

Good Hope Advisors works exclusively on the sell side. We have watched this consolidation wave build and positioned early. We know which buyers are actively underwriting electrical businesses, what their diligence focus is, and what they will pay for a business with the right profile. When we take your business to market, we aren’t sending a CIM into a database. We are calling buyers we know, framing your business correctly, and running a process that creates real competition.

The difference between getting a deal done and getting the right deal is almost always the quality of the process and who is running it. We work exclusively on the sell side — so your interests and ours are completely aligned.

Electrical Is Consolidating Alongside HVAC and Plumbing, Not in Isolation

Multi-trade platforms building the full mechanical and electrical envelope — HVAC, plumbing, and electrical under one roof — are an active part of the buyer universe for electrical contractors. Strategic acquirers with existing trade contractor portfolios see electrical as a natural adjacency. That expands your pool of potential acquirers beyond electrical-only platforms.

A structured, competitive process is designed to surface all of that demand — not just the electrical-specific buyers. The breadth of your buyer universe, combined with your specific business profile, determines how competitive the process gets and what you ultimately receive.

What Buyers Are Actually Underwriting

The Profile That Generates Real Buyer Competition

Not every electrical contractor commands the same offer. The businesses that attract real buyer competition share a consistent profile — and understanding where you stand before you go to market changes the outcome.

Residential, commercial, and industrial revenue mix.
Commercial and industrial work — tenant buildouts, industrial facilities, data centers, healthcare, government — carries higher margins and longer project cycles than residential. Buyers building platform businesses pay a premium for companies where commercial and industrial revenue is a meaningful share of the mix. The diversity of your end markets matters too: a single large anchor client is a concentration risk that buyers underwrite carefully.
Master electrician licenses and specialty certifications.
Licensed master electricians are the scarcest resource in the trade. A company with multiple licensed masters on the team — not just owner-held licenses that leave with the founder — has a moat that competitors can’t easily replicate. Specialty certifications in solar, EV charging, industrial controls, or data center infrastructure multiply that value further. Buyers know exactly how hard these are to accumulate and price them accordingly.
Service and maintenance recurring revenue.
Electrical contractors who have built a service agreement base — residential and commercial facilities, property managers, repeat maintenance clients — have recurring revenue that buyers value at a meaningful premium to project-only work. Even a modest service book dramatically improves how buyers model the predictability of your business and de-risks their underwriting.
Project backlog and pipeline quality.
A strong signed backlog de-risks the business in diligence. Buyers want to see committed work, not just bid volume. The quality of the clients in your pipeline matters as much as the dollar amount — government, healthcare, and institutional clients signal repeatability and pricing stability. Documented bid-to-win history on competitive projects tells buyers something important about your market position.
Management depth and field leadership.
Buyers are acquiring a business, not a person. If your project managers, foremen, and service techs can run the operation without you in the building, the business commands a premium. How you compensate and retain your licensed staff is a key diligence item — buyers want to understand the risk of a key employee departure in the months following close.
Financial documentation and job costing clarity.
Financials that hold up to a quality of earnings review, clear job costing by project type, and documentation of your recurring revenue are the difference between a smooth diligence process and one that kills deals or reprices them. Buyers want to see how margin behaves across project types and whether your reported EBITDA is sustainable. We help you understand what your documentation looks like before they open your data room.

The same diligence checklist appears when buyers look at HVAC and plumbing companies in your market: licensed leadership, recurring service revenue, end-market diversity, and documentation that holds up. We help you see your business the way buyers do — before they open your data room.

Ready for a frank view of your business?

If you want a quick, no-obligation read on how buyers would underwrite your business today — what it’s worth, where the gaps are, and whether a process makes sense right now — that’s exactly what the first call is for.

Talk About Selling Your Business
GHA in Electrical

We Were in the Trades Before the Wave. The Same Is True in Electrical.

Good Hope Advisors built its buyer relationships in HVAC and plumbing consolidation — the transactions that created the platforms that now dominate those spaces. Those same buyers are now underwriting electrical. We didn’t learn these relationships from a directory. We earned them from being in the room on the deals that shaped the market.

When we run a process for an electrical contractor, we know which PE firms are building commercial and residential platforms, which ones want industrial and data center-adjacent businesses, which family offices are looking for service agreement books, and which strategics are filling geography. We don’t send your CIM to everyone. We target the buyers who are the right fit for your specific business — and we frame it the way they need to hear it.

We work with residential and commercial electrical contractors in the $2M to $50M revenue range, typically with EBITDA of $1M or more. Revenue mix and license depth shape your buyer universe — we will tell you honestly how yours positions you and what a process would look like.

Eric, Josh, and Gregg are on your deal personally. No handoffs, no junior staff running your process. Our fee is a success fee. We don’t get paid until you do.

Who We Work With

Founders Who Are Ready to Explore What a Sale Looks Like

Our best electrical clients built their businesses through years of licensed expertise, client relationships, and a reputation for showing up on time and doing the work right. Some are ready to step back entirely. Some want to roll equity and stay active as a platform scales into new markets. Some need a clean, timed exit. We work with all three.

We work with residential and commercial electrical contractors in the $2M to $50M revenue range, typically with EBITDA of $1M or more. That is where PE buyers are most active and where a disciplined process generates genuine competition.

Revenue mix shapes your buyer universe. Businesses with strong residential, commercial, or industrial books, licensed leadership beyond the founder, and a service base attract the broadest competition. Residential-focused businesses with clean volume and skilled crews have a real market too. We will tell you honestly where you stand.

If you aren’t sure whether you are in range, that is exactly what the first call is for. No pitch, no obligation. An honest read on what your business is worth in the current market and what a process would look like.

Common Electrical Founder Questions

What Founders Ask Before the First Call

How long does a typical sale process take?

Most processes run 5–9 months from first conversation to money in your account, depending on your readiness and buyer mix. We tell you upfront what to expect and where the variables are.

Does it matter if my revenue is mostly residential versus commercial or industrial?

It matters for valuation and for who the right buyers are. Commercial and industrial revenue — higher margins, longer project cycles, institutional clients — commands a premium in the current market. But residential electrical contractors with solid volume, skilled crews, and clean financials have a real buyer universe. We will give you an honest read on how your mix positions you.

I hold the master license. Is that a problem for buyers?

It is a diligence item buyers take seriously. A business where the master license walks out the door at closing is a risk buyers price into their offers. The more master electricians you have on staff — and the clearer the plan for licensing continuity post-close — the stronger your position. We help you see how buyers will read your licensing structure before they do.

What if our EBITDA is under $1M?

There is still a market for smaller businesses, but the buyer universe and deal structures are different. On a first call we will tell you honestly whether a process makes sense now or whether you should wait and grow into a better outcome.

Do you charge upfront fees?

No. Our compensation is success-based. We don’t get paid until you do.

One Conversation. No Obligation.

We will tell you what you need to hear, not what you want to hear. If a process makes sense, we will tell you. If it doesn’t, we will tell you that too.

Talk About Selling Your Business